Location:
The business is located on a prominent corner in the heart of the City centre at the junction of Nun Street with Clayton Street.
This is a busy part of the city with entrances to the Grainger Market, Grainger Arcade and Eldon Square shops all in and around the vicinity. Nearby occupiers include Greggs and Burger King and there is a Premier Inn around the corner on Newgate Street and the Maldron Hotel has also just opened across the junction.
Business:
This current business has been trading from this site since Summer 2022 but the current owner has decided to place the lease on the market as they are taking up another opportunity abroad.
These premises were acquired by our client in Spring 2022 and the whole site has been reconfigured, refurbished and refitted prior to a relaunch. The site was originally a bakery and deli but now operates as a hot food takeaway with a menu comprising breakfasts (served till midday) and then a range of hot and cold wraps, burgers, chicken dishes and drinks. The current hours could be extended and the products and lines sold could also be expanded.
This is a rare food opportunity that would suit either an existing brand wanting to move into the City centre or for a couple or a partnership to take forward. Viewing is strongly recommended to appreciate the fit out and potential.
Description:
The premises comprise a 4 storey property with a ground floor and basement plus offices above.
EPC:
Rating G
Staff:
The business can be sold free of staff.
Opening Hours:
Monday - Thursday 10.00am - 6.00pm
Friday - Saturday 10.00am - 8.00pm
Sunday 10.00am - 5.00pm
Tenure:
The premises are held on a 10 year lease from 2014 at a passing rent of £30,500 per annum. The upper floors form part of the lease and they are sublet at £9,000 per annum. Full details on application.
Rates:
The premises are assessed:
Rateable Value £20,250
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
